Investing in Sports: Women’s Sports and the Future

投资体育:女性运动与未来

Goldman Sachs Exchanges

2024-12-13

33 分钟
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单集简介 ...

With record-breaking attendance at games and viewership of televised games, the groundswell of enthusiasm for women’s sports has created a cultural movement. How should investors think about the opportunity in women’s sports, and how might the growth trajectory of the professional women’s leagues compare to the equivalent men’s leagues? In the final episode of a four-part series on the changing dynamics in the business of sports, host Nicole Pullen Ross discusses the business forces driving growth in women’s sports with Stacy Sonnenberg, Head of Global Sports Finance. Nicole is also joined by Willow Bay, Dean of the USC Annenberg School of Journalism and the new controlling owner of the National Women’s Soccer League’s Angel City FC. Bay shares her perspective on leading the most highly valued franchise in the league during this watershed moment for women’s sports. Nicole Pullen Ross is Head of Sports and Entertainment for Goldman Sachs Private Wealth Management. She is also Head of the Private Wealth Management business for the New York region at Goldman Sachs. Learn more about your ad choices. Visit megaphone.fm/adchoices
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  • When Willow Bay considered investing in a women's soccer team earlier this year, the decision was easy to make.

  • From serious to purchase was like a blink of an eye.

  • The team in question was the Los Angeles Club of the National Women's Soccer League, or NWSL, Angel City FC.

  • As a long time LA resident, Bay and her family had followed the team since it was formed in 2020.

  • Bay is Dean of the University of Southern California's Annenberg School for Communication and Journalism,

  • and had even taken students from her sports media industries class to see Angel City play.

  • We were such fans and friends of the team and kind of understood them and understood this moment.

  • This moment being the groundswell of enthusiasm for women's sports across college and professional leagues,

  • record attendance at live matches,

  • unprecedented viewership for televised games, and more capital flowing into media rights,

  • corporate sponsorships, and brand endorsements.

  • There have been other movements in women's sports, certainly, but I'm not sure we've seen the audience excitement,

  • the audience demand driving this across so many sports, across so many communities, and across so many cultures.

  • This is Investing in Sports,

  • a four-part series from the Goldman Sachs Exchanges podcast about the changing dynamics at the intersection of sports and finance.

  • I'm Nicole Polan-Ross.

  • I lead the private wealth management business for the New York region at Goldman Sachs,

  • and I also head our Sports and Entertainment Offering for Goldman Sachs Private Wealth Management.

  • In our final episode,

  • we'll be talking about the global financial crisis where covering the business forces driving growth in women's sports and what all of it means for investors.